The situation at the gas field “Bulla Deniz”, which has been on fire since August 17, is "normal", said Rovnag Abdullayev, head of state-owned SOCAR.
"Cleaning works have been completed, and now the situation is normal," he said in an interview with reporters on Wednesday. Representatives of the American Hellenic Petroleum are also involved in the fire extinguishing.
"We want to save the well, and for this, special equipment was imported form the USA. Preparation is ongoing to the close the well. This will be done by continuing the well or after extinguishing the fire," he said.
* Bulla-Deniz is located in 80 km to the south of Baku, in the Caspian Sea. According to the official version, the fire broke out during drilling at a depth of about six km. Because due to high pressure gas the well ignited.
According to experts, every day a lot of gas, 2.5 to 3 million cubic meters burn, and full firefighting, and technical measures, is needed a lot of time. -03D-
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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